Hospital bed maker LKL jumps after it secures nitrile glove supply contract
KUALA LUMPUR (Sept 2): The share price of LKL International Bhd, which specialises in making medical beds, staged a strong rebound after the announcement that…
KUALA LUMPUR (Sept 2): The share price of LKL International Bhd, which specialises in making medical beds, staged a strong rebound after the announcement that…
EVENING 5: Retailers post worst ever quarter Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. 2Q sees a retail…
KUALA LUMPUR (Sep 2): The Lim family that controls Kossan Rubber Industries Bhd has been trimming its stake in the glove manufacturing firm, with the…
The DXY printed fresh 28-month lows of 92.01 in N.Y. trade on Monday. Dollar bears have been the winners of late, following the Fed’s shift in inflation policy, which should keep U.S. rates near zero for the foreseeable future, and keep the USD under pressure. The caveat to that is U.S. data, and the COVID […]
The dollar weakening theme continued into the London interbank open today. The narrow trade-weighted USD index (DXY) fell to a new trend low at 91.78, a level last seen in April 2018. The dollar, by this measure, is down by nearly 11% from the near four-year high that was seen back in March. Bearishness about […]
The dollar weakening trend has continued. The narrow trade-weighted USD index (DXY) fell to a new trend low at 91.75, a level last seen in April 2018. Bearishness about the U.S. currency abounds, especially in the wake of Fed’s lower-for-longer regime shift on interest rates. Negative real rates in the U.S., and this year’s sharp […]
Silver prices have started to resume their multi-month uptrend as summer comes to a close.